National Medical / Legal Consulting Physician Education Firm
Business Description
Home-Based, Very Profitable & Run by Only One Person
This is a very small and unique one-person firm, run from the owner’s home in the Denver metro area. The owner has kept it small. It could be grown to be much larger. It serves a growing national market.
It is a medical / legal educational firm, an ideal full-time business opportunity for a licensed physician, physician medical group or medical education company who wants to teach and mentor other physician entrepreneurs to become part-time, pre-litigation / pre-trial medical consultants to plaintiff and claimant attorneys in personal injury and Workers Compensation cases.
This one-of-a-kind firm provides its clients the business systems, medical education, back-office tools and on-going mentorship they need to launch and successfully run their own independent consulting practices, as add-ons to their other work as physicians. The market demand is likely much higher than is currently being met. Most physicians probably don’t even know that this firm exists.
The business was founded in 2008 by its current owner, a licensed physician, and this owner has trained more than 1,800 physicians nationwide, and helped many establish their own part-time, non-clinical consulting practices. The business has gained a national reputation for its work.
The owner is now retiring, but will train a new owner. The owner also employs several younger social media and marketing consultants as independent contractors, who are willing to continue to work for a new owner.
An ideal new owner needs to enjoy training and coaching physician entrepreneur clients to help attorneys get their clients the settlements they need to recover from their injuries and get back to living.
At the proposed pricing structure, a buyer will need $500,000 cash at closing: $475,000 for the proposed down payment, but only about $25,000 (+/-) in working capital. The buyer will then be assuming a seller note of $575,000 at 7% annual interest, with a 10-year term, but with a 3-year balloon payment due so that the buyer may refinance the business at that time.
Contact us, register, sign our NDA and receive our confidential Offering Summary on this opportunity!
It is a medical / legal educational firm, an ideal full-time business opportunity for a licensed physician, physician medical group or medical education company who wants to teach and mentor other physician entrepreneurs to become part-time, pre-litigation / pre-trial medical consultants to plaintiff and claimant attorneys in personal injury and Workers Compensation cases.
This one-of-a-kind firm provides its clients the business systems, medical education, back-office tools and on-going mentorship they need to launch and successfully run their own independent consulting practices, as add-ons to their other work as physicians. The market demand is likely much higher than is currently being met. Most physicians probably don’t even know that this firm exists.
The business was founded in 2008 by its current owner, a licensed physician, and this owner has trained more than 1,800 physicians nationwide, and helped many establish their own part-time, non-clinical consulting practices. The business has gained a national reputation for its work.
The owner is now retiring, but will train a new owner. The owner also employs several younger social media and marketing consultants as independent contractors, who are willing to continue to work for a new owner.
An ideal new owner needs to enjoy training and coaching physician entrepreneur clients to help attorneys get their clients the settlements they need to recover from their injuries and get back to living.
At the proposed pricing structure, a buyer will need $500,000 cash at closing: $475,000 for the proposed down payment, but only about $25,000 (+/-) in working capital. The buyer will then be assuming a seller note of $575,000 at 7% annual interest, with a 10-year term, but with a 3-year balloon payment due so that the buyer may refinance the business at that time.
Contact us, register, sign our NDA and receive our confidential Offering Summary on this opportunity!
About the Business
- Years in Operation
- 18
- Employees
- 3 Contractors
Only 1 owner/operator, 3 part-time independent contractors. No actual employees. - Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Home-based, relocatable one-person business with training manuals and books as it's only tangible assets. Books and files estimated at maximum of $5,000 value at cost.
- Market Outlook / Competition
- This business is absolutely one-of-a-kind. There is probably a growing national market for physicians who would seek to establish their own “side-gig.” This is the only company that trains physicians to do this work.
- Opportunities for Growth
- This company is positioned to continue its success with the established and stable customer base that it enjoys. It has a unique brand and marketing program that will be described in detail to a prospective buyer.
About the Sale
- Seller Motivation
- Owner is retiring, but will stay for a lengthy transition if desired.
- Transition Support
- Owner in good health is retiring and will be available for training and transition.
- Financing Options
- Seller offering $575,000, 10-yr. term, 7% ann'l interest, 3-year balloon pymt. due.
Listing Info
- ID
- 2496800
- Listing Views
Listing ID: 2496800 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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